Zhejiang Jinggong Integration Technology Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Jinggong Integration Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥408.0M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are CN¥2.9B and CN¥1.6B respectively. Zhejiang Jinggong Integration Technology's EBIT is CN¥74.2M making its interest coverage ratio -18.4. It has cash and short-term investments of CN¥554.7M.
Key information
31.1%
Debt to equity ratio
CN¥408.00m
Debt
| Interest coverage ratio | -18.4x |
| Cash | CN¥554.69m |
| Equity | CN¥1.31b |
| Total liabilities | CN¥1.58b |
| Total assets | CN¥2.90b |
Recent financial health updates
Recent updates
Zhejiang Jinggong Integration Technology Co., Ltd.'s (SZSE:002006) 32% Jump Shows Its Popularity With Investors
Nov 27
Zhejiang Jinggong Integration Technology's (SZSE:002006) Problems Go Beyond Poor Profit
Nov 04Even With A 38% Surge, Cautious Investors Are Not Rewarding Zhejiang Jinggong Integration Technology Co., Ltd.'s (SZSE:002006) Performance Completely
Oct 08Returns On Capital Are Showing Encouraging Signs At Zhejiang Jinggong Integration Technology (SZSE:002006)
Sep 27Bearish: This Analyst Is Revising Their Zhejiang Jinggong Integration Technology Co., Ltd. (SZSE:002006) Revenue and EPS Prognostications
Aug 14Investors Continue Waiting On Sidelines For Zhejiang Jinggong Integration Technology Co., Ltd. (SZSE:002006)
Jul 05Zhejiang Jinggong Integration Technology (SZSE:002006) Is Paying Out Less In Dividends Than Last Year
Jun 13These 4 Measures Indicate That Zhejiang Jinggong Integration Technology (SZSE:002006) Is Using Debt Reasonably Well
May 27Zhejiang Jinggong Integration Technology's (SZSE:002006) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 06We Think Zhejiang Jinggong Integration Technology (SZSE:002006) Might Have The DNA Of A Multi-Bagger
Feb 27Financial Position Analysis
Short Term Liabilities: 002006's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002006's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥37.6M).
Debt to Equity History and Analysis
Debt Level: 002006 has more cash than its total debt.
Reducing Debt: 002006's debt to equity ratio has increased from 21.6% to 31.1% over the past 5 years.
Debt Coverage: 002006's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002006 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 13:52 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Zhejiang Jinggong Integration Technology Co., Ltd. is covered by 10 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lingbo Zeng | China International Capital Corporation Limited |
| Haibo Liu | Citic Securities Co., Ltd. |
| Minghua Tian | Everbright Securities Co. Ltd. |